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If we vote for Brexit what happens

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Comments

  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Kohoutek wrote: »
    Very simple point - the expectation is that as a result of the Leave vote, significantly more business will move out of the UK than otherwise would have and less business will move into the UK.

    Whoah whoah whoah. People have had enough of experts and "business" telling them stuff they don't want to hear.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Archergirl wrote: »
    While we were there for March we were told the new promenade was being built with EU money, as was the motorway from the airport to Vera.
    It may not be true but several different Spanish people told us.....

    Yes, this is what the EU does with the money the member states pay in. It socialises costs like this. We do this in our very own country where certain regions contribute most of the money but the entire country benefits so that we all live peacefully. I liked this concept across Europe, others do not and prefer other regions look out for themselves.

    (The UK also receive EU funds for certain projects)
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    spunko2010 wrote: »
    Well it would have been helpful to acknowledge that in your first reply. I suppose 15+ years of constant house price inflation has made a lot of people forget about worse case scenarios.

    Popular properties can get bid up in price if there's lots of interest. Each case has to be taken on its own merit. A vast difference between say a starter home and a forever home. We've also had years of low interest rates. That's breeding complacency.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Theresa May trying to keep awake as Cameron responds to Chilcot enquiry


    [FONT=&quot]

    Won't help her leadership challenge.

    [/FONT]http://order-order.com/2016/07/06/poll-theresa-may-drop-off/
    If I don't reply to your post,
    you're probably on my ignore list.
  • zolakesb
    zolakesb Posts: 24 Forumite
    The pound hit the lowest level against dollar
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    Yes, this is what the EU does with the money the member states pay in. It socialises costs like this. We do this in our very own country where certain regions contribute most of the money but the entire country benefits so that we all live peacefully. I liked this concept across Europe, others do not and prefer other regions look out for themselves.

    (The UK also receive EU funds for certain projects)

    I prefer to use the word 'subsidise' rather than 'socialise ' as more of us know what it means.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Dell have put their prices for PC's up by 10%.

    The UK's PC makers rejoice.
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    Archergirl wrote: »
    While we were there for March we were told the new promenade was being built with EU money, as was the motorway from the airport to Vera.
    It may not be true but several different Spanish people told us.....

    Did you know the eu is currently funding £280m for expansion of facilities at UCL, £700m funding for the Thames Tideway Tunnel, and £360m funding towards the smart meter roll out by British Gas. This is all part of £16b investment in British projects over the last 3 years (crossrail, Manchester metrolink etc.)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    If general, a drop in the trade weighted value of the pound, will lead to more import becoming more expensive.
    This will generally lead to UK people substituting home produced products for imported products.
    It also means that exporters can reduce their prices in local (consuming) countries and / or increase their profit margins in UK currency.
    Inflation will probably rise int he UK
    If the overall effect is to reduce imports and increase exports, then this will reduce our very high trade deficit and reduce our need to borrow foreign currency.
    A lower currency will encourage overseas money to invest in the UK and to buy UK assetts.
    There will be people who are be winners and and some will be losers.
  • rlc22
    rlc22 Posts: 385 Forumite
    Archergirl wrote: »
    While we were there for March we were told the new promenade was being built with EU money, as was the motorway from the airport to Vera.
    It may not be true but several different Spanish people told us.....

    You mean a bit like these projects that they've funded in the UK?

    https://www.gov.uk/guidance/erdf-programmes-progress-and-achievements
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